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Placement Broker

Lawes Consulting Group
Posted 10 days ago, valid for 20 days
Location

Glasgow, City of Glasgow G62 6EP, Scotland

Salary

£55,000 - £66,000 per annum

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Contract type

Full Time

In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.

Sonic Summary

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  • The role of Placement Broker offers a salary of £45,000 and is based in Glasgow with a hybrid working model.
  • The successful candidate should have a proven track record in broking new and existing commercial insurance business risks, along with comprehensive knowledge of various commercial insurance products.
  • Key responsibilities include liaising with clients and insurers, designing marketing campaigns, and assisting colleagues in placing commercial insurance risks.
  • Candidates should possess strong communication, business development, and presentation skills, with Acturis experience and CII exams preferred.
  • The position includes benefits such as 26 days of annual leave, support for CII qualifications, and various employee perks.

Job title: Placement Broker

Salary: £45,000

Location: Glasgow/Hybrid

Purpose of the role:

Assist in placement of new and existing commercial insurance business, whilst developing and maintaining, strong relationships with key clients, insurance companies, carriers and partners. Become the recognised technical expert to Account Directors, Account Executives and Handlers.

Key responsibilities:

  • Liase with new and existing commercial insurance clients, insurance companies and carriers.
  • Design marketing campaigns.
  • Build be-spoke programmes in line with client needs.
  • Assist colleagues in placement of SME, mid and large commercial insurance risks.
  • Provide an ethical, professional and cost-effective broking service.
  • Adhere to company and FCA regulations and guidelines.
  • Identify correct markets for placement of risks.
  • Identify new business and cross-sell opportunities.
  • Prepare market presentations and negotiate with insurers.
  • Keep Acturis records up to date.
  • Adhered to company and FCA regulations and guidelines.

Experience:

  • Track record of broking new and existing commercial insurance business risks.
  • Comprehensive knowledge of commercial insurance products including motor, property, EL, PL, commercial combined, business interruption, etc.
  • Confident in building relationships and negotiating with insurers.
  • Enjoy attending seminars and networking events.
  • Strong communication, business development and presentation skills.
  • Ability to thrive when working in a sales environment
  • Acturis experience preferred.
  • CII exams or working towards preferred.
  • Experienced in developing business strategies, marketing campaigns and building pipelines and winning new business.

Benefits:

  • 26 days plus bank holidays
  • Realistic career growth opportunities
  • Support towards gaining your CII and ACII qualifications
  • Pension scheme
  • 24-hour physical and mental wellbeing assistance
  • 1 paid day volunteering
  • Recognition awards and ceremony
  • Discounted gym membership, optical vouchers, cycle to work scheme, cinema tickets, high street shopping vouchers, insurance products, etc.

For more information on this role, please contact  

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In order to submit this application, a Reed account will be created for you. As such, in addition to applying for this job, you will be signed up to all Reed’s services as part of the process. By submitting this application, you agree to Reed’s Terms and Conditions and acknowledge that your personal data will be transferred to Reed and processed by them in accordance with their Privacy Policy.